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Vol 51 No 21

Published 22nd October 2010


Ghana

Oil joy, debt worry

Former Finance Minister and chief statistician Joe Abbey has added his voice to those warning the Accra government to take action over spiralling debt liabilities ahead of the country’s first oil exports due by the end of this year. The government’s plan to reduce the budget and trade deficits was taking longer than forecast because of the ‘sluggish pace in economic activity’ this year, said Abbey, who heads the respected Centre for Policy Analysis in Accra.

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